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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (147916)4/11/2023 10:11:00 AM
From: Goose94Read Replies (1) | Respond to of 202371
 
Lundin Mining (LUN-T) two month high



To: Goose94 who wrote (147916)6/16/2023 2:24:00 PM
From: Goose94Read Replies (2) | Respond to of 202371
 
Lundin Mining (LUN-T) top pick from Gavin Graham on BNN.ca Market Call Friday June 16th @ 1200ET

Lundin Mining is a Canadian base metals mining company producing copper (65 per cent), nickel (15 per cent), zinc (15 per cent) and gold (five per cent). Production is from mines in the U.S. Chile, Brazil, Argentina, Portugal and Finland with US$3 billion in revenues in 2022. It has recently bought 51 per cent of the Caserones copper mine in Chile for US$800 million, nearby its main Candelaria mine, which will increase its copper output by 50 per cent. The growth in EV demand (each EV needs three to four times the copper in a conventional auto) will support copper prices for the next decade or more. Sells at a P/E of 15 times 2022 earnings and a 3.6 per cent yield.